2018 JOD to NGN Historical Review

YEARLY HIGH

515.4816 NGN

YEARLY LOW

504.5964 NGN

YEARLY AVERAGE

509.1877 NGN

2018 JOD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 515.4816. Conversely, the yearly low was recorded on January 1, dropping to 504.5964.

This high-to-low spread represents a total annual volatility of 10.8853 NGN. From a start-to-finish perspective, comparing the January average rate of 507.5371 to the December average rate of 512.8874, the exchange rate registered a net change of 1.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 515.4816 was down 0.98% compared to the 2017 peak of 520.5576, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 2,577,408 NGN

2017 Average 2,352,885 NGN

Yearly Trough Low 2,522,982 NGN

Transaction Impact: A difference of 54,426.33 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

513.4578

506.6133

JanuMarcMayJulySeptNove

JOD to NGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 507.6438, compared to 510.7316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0878 points.

H1 Avg (Jan–Jun) 507.6438

H2 Avg (Jul–Dec) 510.7316

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 6.3929 NGN (High: 510.9893 / Low: 504.5964). On the other end, April was the most stable month, with a tight range of 1.6054 NGN (High: 507.7168 / Low: 506.1114).

January Spread (Volatile) ±6.3929

April Spread (Stable) ±1.6054

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6288 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.6288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 512.8874) against the same month in 2017 (average: 507.2635), the exchange rate shifted by +5.6240 (+1.11%).

2018 Avg (December) 512.8874

2017 Avg (December) 507.2635

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	510.9893	504.5964	507.5371
February	509.1671	507.2544	508.1217
March	509.0668	506.8207	507.8125
April	507.7168	506.1114	507.1837
May	508.8764	506.6906	507.6479
June	508.9475	506.3270	507.5602
July	510.2163	506.0264	508.2511
August	511.1731	507.3733	508.7728
September	512.9506	506.6359	510.1477
October	513.0352	510.4418	512.0612
November	513.7540	508.3919	512.2693
December	515.4816	511.2640	512.8874